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    Lake Panasoffkee, FL 33538

    For Sale
    $1,479,000

    Land - LAKE PANASOFFKEE, FL

    Lot size:
    51.64 Acres
    Days on Market:
    516
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    AG
    APN
    E23-048
    Exterior features
    Paved, Unpaved, Fencing
    Fencing
    Fenced
    Lot size
    51.64 Acres

    Building Details

    Architectural style
    Other

    Florida Homes Realty and Mortgage LLC (904) 363-8395 [email protected]

    Listing agent Kristen Held (904) 996-9115 License #3523596

    Listing date Jul 16, 2024

    MLS# G5067232 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    51.64 Acres of Vacant Land

    This 51.64-acre parcel of land offers views and elevation changes. The property has dry land suitable for building a homestead or dividing into a family property with minimum 10-acre parcels, as permitted by the county. The front of the parcel features oak trees, providing privacy. The zoning is AG. An adjacent 79-acre parcel is also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Lake Panasoffkee
    County
    Sumter
    State
    Florida
    Longitude
    -82.17735305
    Latitude
    28.82367142

    Nearby Similar for Sale

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      Mini Farm with Updated Home

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    • $250,000
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      Lake Panasoffkee Versatile Office Space

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    FAQs

    What type of property is this?
    Land - 51.64 acres of land with elevation changes and oak trees.
    Where is this land located?
    The property is located at Lake Panasoffkee, FL.
    What is the asking price?
    The asking price for this property is $1,479,000.
    What are key features of this property?
    This property features: - 51.64 acres of land with elevation changes and views.; - Subdividable into minimum 10-acre parcels (per county).; - Suitable for homesteading or building a dream home.
    (904) 996-9115
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    Lake Panasoffkee, FL 33538
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Lake Panasoffkee, FL 33538
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